Panasonic Plunges on $9.6 Billion Loss Forecast
Panasonic Corp., Japan’s second-biggest TV maker, plunged by the daily limit in Tokyo trading after forecasting a loss 30 times bigger than analyst estimates because of restructuring costs and falling demand.
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19:13 - Steve Sosnick, chief options strategist at Interactive Brokers, discusses his options play for Goldman Sachs Group Inc. He speaks with Bloomberg's Julie Hyman on "Bloomberg Markets." (Source: Bloomberg)